According to recent studies, Spain is currently the most preferred destination for digital nomads, thanks to its infrastructure and sunny weather. Albert Ioffe, Legal and Compliance Officer at Immigrant Invest, compares Spain’s digital nomad visa and Italy’s analog, helping freelancers decide which destination suits them best.
What is a Digital Nomad Visa
A digital nomad visa permits remote workers to reside and work legally in a foreign country. These visas are designed for freelancers, entrepreneurs, and remote employees who can operate from any location with an internet connection. Both Italy and Spain offer such visas with specific requirements and benefits.
The primary advantage of a digital nomad visa is the legal right to live and work in a foreign country without the need for local employment. This visa type ensures stability and access to local amenities, enhancing the nomadic lifestyle with a blend of exploration and comfort.
How to Move to Italy as a Digital Nomad
To apply for an Italian visa for remote workers, you must verify an annual income of at least €32,400 from sources outside Italy and show savings of €30,000. Remote work experience must be more than 6 months. The income requirement ensures you can support yourself without relying on local employment.
The main required documents include:
Valid passport.
Proof of sufficient income.
Health insurance coverage.
Clean criminal record certificate.
Proof of accommodation in Italy.
Application process. Begin by collecting the necessary documents. Submit your application to the nearest Italian consulate or embassy. Once approved, you will be granted a visa that permits you to live and work in Italy for up to one year, with the option to renew.
Costs involved. The visa application fee for Italy is approximately €100. Additionally, you may incur costs for health insurance, accommodation, and travel. It’s also important to consider the cost of living in Italy, which varies by region. Cities like Rome and Milan tend to be more expensive, while smaller towns and rural areas offer a lower cost of living.
Moving to Italy as a digital nomad provides a rich experience. From historic attractions to world-renowned cuisine, Italy offers an enriching environment for digital nomads. The country’s diverse landscapes, from the Alps to the Mediterranean coast, provide endless opportunities for exploration during your downtime.
How to Move to Spain as a Digital Nomad
To move to Spain as a digital nomad you must work remotely and earn €2,646 per month or €31,752 per year. Essential documents for Spain’s visa include:
Valid passport.
Proof of sufficient income.
Health insurance coverage.
Clean criminal record certificate.
Proof of accommodation in Spain.
Application process. Collect your documents and submit your application at the nearest Spanish consulate or embassy. Upon approval, the visa enables you to live and work in Spain for up to one year, with the possibility of renewal. The application fee for Spain’s digital nomad visa is approximately €75.
Costs involved. The application fee for Spain’s digital nomad visa is around €75. Additional expenses may include health insurance, accommodation, and travel costs.
Spain’s cost of living is generally lower than many Western European countries, but it can vary significantly between regions. Major cities like Madrid and Barcelona are more expensive, while smaller towns and rural areas offer a more affordable lifestyle.
From the bustling streets of Barcelona to the tranquil beaches of Costa del Sol, Spain provides an ideal environment for digital nomads seeking a mix of work and leisure. The country’s strong internet infrastructure and numerous coworking spaces make it a practical choice for remote work.
Taxes for Digital Nomads in Italy and Spain
Taxation in Italy. Digital nomads in Italy may benefit from favorable tax rates. Understanding the specific tax obligations and potential benefits requires consulting with a local tax advisor to ensure compliance and optimize tax liabilities.
Taxation in Spain. Spain also provides tax incentives for digital nomads. The Beckham Law allows foreign workers to pay a flat tax rate on their income for the first six years, making Spain financially attractive.
Digital nomads in Spain face a fixed income tax rate of 24% on annual earnings up to €600,000. Income exceeding this amount is taxed at 45%. To fully understand tax obligations and benefits, it is advisable to consult with a local tax advisor to ensure compliance and optimize tax liabilities.
Pathway to Citizenship with Digital Nomad Visa
Citizenship in Italy. After five years of residence in Italy, digital nomads can apply for permanent residency. Obtaining citizenship is possible after ten years of residence. Italy’s citizenship process involves demonstrating integration into Italian society, including language proficiency and knowledge of Italian culture and laws.
Citizenship in Spain. Spain offers a similar pathway. Digital nomads are eligible to apply for permanent residency after five years and for citizenship after ten years of continuous residence. However, Spain does not allow dual citizenship.
The process includes proving your integration into Spanish society, language proficiency, and understanding of Spanish culture and laws.
Conclusion
Deciding between Italy and Spain depends on various factors, including visa requirements, application processes, costs, tax benefits, and pathways to citizenship. Both countries offer advantages for digital nomads.
Whether you prefer the historical richness of Italy or the dynamic culture of Spain, both countries provide excellent opportunities for digital nomads.
11 Benefits of Antigua & Barbuda Passport and How to Obtain Status
Leave a Reply
You must be logged in to post a comment.